KPMG UK says every auditor now uses AI – as firm goes all in on tech
KPMG UK/Swiss Group has published its annual results for 2025, with the group reporting strong revenue on the back of increased cost management and AI integration.
The group reported revenue of £3.6 billion for its year ended 30 September 2025. This is the first year of combined financial reporting following the merger of the UK and Swiss businesses on 1 October 2024.
Following careful cost management in response to the economic cycle, KPMG UK/Swiss Group reported £576 million profit before tax. Distributable profit per partner averaged £880,000 – an increase of 11%.
The Audit business grew by 5%, and Tax and Legal increased sales by 6% in response to client demand for advice on complex regulatory changes. Advisory saw a decrease of 3%, against the backdrop of a difficult consulting and deals trading environment. This led to overall sales growth of 2%.
All in on AI
Like much of the financial services sector, KPMG said that it is embedding AI into the way teams work across major services and investing in upskilling colleagues.
“In the UK and Switzerland, Advisory teams are using trusted AI agents as digital teammates to help provide quicker, quality, trusted solutions for clients. In tax, a generative AI platform enhances the services to clients provided by the firm’s tax experts.
“AI is now in the hands of every auditor in the UK with increasingly sophisticated agents being built into the firm’s AI audit platform, enabling them to respond to risks and deliver deeper insights more effectively. This investment in its people and commitment to new technology ran through the firm’s strong audit quality inspection results last year.”
To support personal and career development, KPMG said it continued to provide upskilling opportunities in the UK and Switzerland, with an AI-powered learning assistant launched for colleagues based in the UK.
“Despite the difficult market, we have continued to invest in our brilliant people, their skills, and our talent pipeline with more promotions, increases in colleague bonus spend of 18% across the Group and by boosting our learning offer,” said Jon Holt, Group Chief Executive and UK Senior Partner at KPMG.
“By combining our ongoing investment in new technologies with the expertise of our people, we are well-positioned to help our clients navigate uncertainty, transform with AI, and grow successfully.
“Our industry is central to this country’s economic strength, and while the outlook remains challenging, we have the right strategy in place to move forward with our plans for long-term sustainable growth.”
